Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
24 FAIRBOURNE DRIVE is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £170,000 in July 2011, which was around 8% below the average July 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 24 FAIRBOURNE DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. One of the two 24 FAIRBOURNE DRIVE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2011 8 JUL | £170,000 | £184,268 | 8% below HPI |
2001 6 JUL | £98,950 | £91,959 | 8% above HPI |
The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 24 FAIRBOURNE DRIVE sales from July 2001 and July 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2011 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
24 FAIRBOURNE DRIVE is 59m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 24 FAIRBOURNE DRIVE lies on this distribution: 5% of detached houses are smaller than 24 FAIRBOURNE DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Derby.
24 FAIRBOURNE DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 24 FAIRBOURNE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 FAIRBOURNE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
24 FAIRBOURNE DRIVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 24 on FAIRBOURNE DRIVE.